CHAPTER 3-13A
SOUTH DAKOTA SPECIAL PAY RETIREMENT PROGRAM
3-13A-1 Special pay retirement program established.
3-13A-2 Definitions.
3-13A-3 Special pay fund.
3-13A-4 Board controls program as fiduciary--Promulgation of rules.
3-13A-5 Transfer of special pay to fund upon termination of employment--Contribution limit.
3-13A-6 Time for transfer of compensation to trust.
3-13A-7 Participant account.
3-13A-8 Vesting of participant account--Forfeiture.
3-13A-9 Investment of funds.
3-13A-10 Lump-sum distribution to participant.
3-13A-11 Investment alternatives--Transfer of account balances by participant
3-13A-12 Transfer of funds from terminated investment selection.
3-13A-13 Allocation of investment return among participant accounts--Accounting dates.
3-13A-14 Valuation of investment alternatives.
3-13A-15 Beneficiaries of participant's account.
3-13A-16 Payments and benefits under program not assignable or subject to creditors' actions.
3-13A-17 Powers and duties of executive director.
3-13A-18 Election by participating units of retirement system to participate in program--Rescission of participation.
3-13A-19 Trustee-to-trustee transfer of participant's account to government defined-benefit retirement plan.
3-13A-20 Rollover transfer of participant's account.
3-13A-21 Rollover transfer of participant's account in another plan.
3-13A-22 Distribution from participant's account--Forms of distribution--Time for election.
3-13A-23 Annuity distributions date.
3-13A-23.1 Required minimum distributions--General rule.
3-13A-23.2 Required minimum distributions--Participant's death after distributions begun.
3-13A-23.3 Required minimum distributions--Participant's death before distributions begun.
3-13A-23.4 Required minimum distributions--Reasonable and made in good faith.
3-13A-23.5 Required minimum distributions--Participant's death after December 31, 2021.
3-13A-23.6 Required minimum distributions--Waiver of 2020.
3-13A-24 State investment officer to act as fiduciary--Certain persons prohibited from acting as third-party administrator or vendor.
3-13A-25 Limitation of liability to participants.